Cash Management

Cash Management at Ag New Mexico

You can access your Ag New Mexico accounts from your personal computer when you sign up for Ag Banking Online, our secure online account management system. With Ag Banking Online, you can view your accounts, make online payments, and transfer funds between your accounts, or to or from a designated commercial bank account.

AgSweep allows you to increase your company's earnings by minimizing excess balances and maximizing your return on available funds. Offered by Ag New Mexico and Wachovia/Wells Fargo, AgSweep links your revolving line-of-credit loan to your Wachovia checking account. Funds are automatically advanced from the line of credit when the commercial checking account falls below the target balance. When excess funds are available in the checking account, the funds are "swept" and applied to the outstanding balance of the line of credit. Sweep accounts particularly benefit customers who have a high cash turnover and daily cash needs.

Our Automated Clearing House (ACH) system allows you to automatically set up loan payments with Ag New Mexico, so you don't have to pay by check. With ACH, Ag New Mexico draws an electronic draft on your local bank account. ACH is also known as Preauthorized Electronic Installment Drafting (PAID).